David Beckham announces 'The People's Football Club' as he confirms 'exciting' new Major League Soccer franchise in Miami

David Beckham has confirmed he is setting up a new Major League Soccer club in Miami he hopes will become 'deeply personal'.

The former footballer – who retired as a player in May 2013 - described the venture as 'exciting' during a press conference to unveil the new franchise.

The 38-year-old's move into football ownership is expected to cost him £15million - around 25 per cent of the price other new clubs have to pay. He has vowed to try to attract the world's best to his new side and proclaimed he wants Miami to be home to 'The People's Football Club'.

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He has teeth! Former footballer David Beckham cracked a rare wide smile while announcing he'd purchased a Major League Soccer expansion team in Miami Wednesday

He said: 'Players are already interested into coming and playing - who wouldn't? Great players will come here.

'We have a list of players (we want). Everyone knows who they want. These players are calling me up and sending me messages.

Play ball: The father-of-four is reportedly hoping to build a 25,000 seat stadium on the Miami waterfront, and if they get funding, the team is likely to take part in the 2017-18 season

Over to you: David described the venture as 'exciting' on Wednesday as he held a press conference to unveil the country's new franchise

Reaching out: A female reporter in a mini-skirt leaned closer to David as Garber and Gimenez looked on amused

'There are a lot of people who want to know what we're doing and how we're doing it. I'm not in this to make money.'

Even though the press call was devoid of hard facts, a big hint was dropped as to the colour of the new team's kit after blue scarves were unleashed.

Beckham looked dressed to impress when he arrived at the function where he was officially unveiling the venture in Miami on Tuesday night.

The one-time pride of English soccer certainly seemed excited to be there when he stopped to chat with television journalists outside the venue.

Handsome: The former LA Galaxy player was given the option to take over an MLS franchise at a discounted rate of $25 million as part of his deal when joining the US side from Real Madrid

Go team! Beckham has vowed to try to attract the world's best to his new side and proclaimed he wants Miami to be home to 'The People's Football Club'

Beckham out: The dapper Brit left the conference with a sly smile on his face since not many details were disclosed

Goldenballs was lapping up the
attention as he fielded questions from confused local media reporters
about his plan to start a new football team in the area.

And he certainly looked the part of the hotshot young chief executive in his Ralph Lauren Black Label 'Anthony' suit, white Aston shirt by the label and Don Draper style skinny tie.

He
was meeting with MLS commissioner Don Garber to make a 'significant
announcement' after spending the last few days securing support for the
sporting endeavour.

Becks
was due to give a statement at the invitation-only reception, where he
and Garber where joined by Miami-Dade County Mayor Carlos A. Gimenez.

Dressed to impress: David Beckham looked dapper as he arrived to unveil his new MLS franchise in Miami on Tuesday

Tattooed millionaire: The budding soccer mogul showed off his inked mitts as he headed to the event

Talking Goldenballs: The former midfielder was happy to speak to confused local TV reporters

The
former LA Galaxy player was given the option to take over an MLS
franchise at a discounted rate of $25 million as part of his deal when
joining the US side from Real Madrid, with the Florida location a
particularly plum location for the enterprise thanks to its large Latino
population.

According to reports, Beckham is
hoping to build a 25,000 seat stadium on the Miami waterfront, and if
they get funding, the team is likely to take part in the 2017-18 season.

His look was certainly more fetching than one he had worn earlier in the day.

For the former Preston North End star decided to try out an old fashion trend after stepping out with sleeve garters on Tuesday.

Loving it: The former footballer was lapping up the attention from the media as he headed inside

Giving them the swerve: It was not long before the former free kick specialists made his excuses

Suit you sir: The Fast Show tailors Ken and Kenneth would have been impressed with the star's threads

The
ex-footballer flaunted the look as he left his hotel in Miami, wearing a
light purple shirt, with a mental band on each arm, and black suit
trousers.

With his hair
styled in an Errol Flynn side-parting and his eyes masked by a pair of
RayBan Clubmaster sunglasses, many will be hoping to replicate David's
vintage look.

The sleeve garter was a prominent
mens' fashion accessory from the time of the American Old West to the
Prohibition-era, and was often worn by bartenders, bookies and musicians
to keep their shirt sleeves clean and out of the way while they worked.

Give 'em the ol' razzle dazzle Becks! David Beckham sports a pair of sleeve garters as he heads to a meeting in Miami

What a gent: The ex-footballer held a door open for a lady as he left the hotel in a light purple shirt and suit trousers

Complete look: David swept his hair into a side-parting and wore RayBan Clubmaster sunglasses

Big plans: David is hoping to start a Major League Soccer franchise in Miami

But
with the technological advancements in textiles and fashion, the metal
armbands have become more of an aesthetic than practical necessity for
the modern-day stylish man.

But
the accessory may have come in handy for David as he headed to the MLS
American Airlines Arena for a business meeting, where he's been hard at
work.

And the former England football captain will certainly be rolling up his sleeves to fine tune the deal he is expected to make by taking up the option to buy a Major League Soccer franchise in the Floridian city.